Mayville Engineering Co (FRA:2YN) Days Payable: 39.05 (As of Mar. 2026) — 11% Above Median


FRA:2YN Mayville Engineering Co Inc FRA:2YN
67 GF Score
Price €30.40
GF Value €12.69
! 7 Warning Signs
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What is Mayville Engineering Co Days Payable?

Mayville Engineering Co FRA:2YN +2.01% 67 Days Payable is 39.05 as of Mar. 2026, which is 11% above its 10-year median of 35.27. GuruFocus rates FRA:2YN with a GF Score™ of 67/100 and a GF Value™ of €12.69. The stock has 7 warning signs investors should review. Among 2,997 Industrial Products companies, Mayville Engineering Co ranks worse than 80.31% on this metric.

Mayville Engineering Co's average Accounts Payable for the three months ended in Mar. 2026 was €49.5 Mil. Mayville Engineering Co's Cost of Goods Sold for the three months ended in Mar. 2026 was €115.8 Mil. Hence, Mayville Engineering Co's Days Payable for the three months ended in Mar. 2026 was 39.05.

The historical rank and industry rank for Mayville Engineering Co's Days Payable or its related term are showing as below:

FRA:2YN' s Days Payable Range Over the Past 10 Years
Min: 25.54   Med: 35.27   Max: 39.62
Current: 38.16

During the past 9 years, Mayville Engineering Co's highest Days Payable was 39.62. The lowest was 25.54. And the median was 35.27.

FRA:2YN's Days Payable is ranked worse than
80.31% of 2997 companies
in the Industrial Products industry
Industry Median: 77.54 vs FRA:2YN: 38.16

Mayville Engineering Co's Days Payable increased from Mar. 2025 (34.20) to Mar. 2026 (39.05). It may suggest that Mayville Engineering Co delayed paying its suppliers.


Mayville Engineering Co Days Payable Historical Data

* Premium members only.

The historical data trend for Mayville Engineering Co's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mayville Engineering Co Days Payable Chart

Mayville Engineering Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 36.74 38.43 35.83 29.96 35.62

Mayville Engineering Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.20 38.31 35.72 38.33 39.05

FRA:2YN vs IIIN, TG, AP: Days Payable Comparison

For the Metal Fabrication subindustry, Mayville Engineering Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mayville Engineering Co Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mayville Engineering Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Mayville Engineering Co's Days Payable falls into.


FRA:2YN
67GF Score
Mayville Engineering Co Inc FRA:2YN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mayville Engineering Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Mayville Engineering Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (37.359 + 44.73) / 2 ) / 420.576*365
=41.0445 / 420.576*365
=35.62

Mayville Engineering Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (44.73 + 54.336) / 2 ) / 115.754*365 / 4
=49.533 / 115.754*365 / 4
=39.05

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 39.05 mean?
Mayville Engineering Co (FRA:2YN) has a Days Payable of 39.05 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Mayville Engineering Co and its competitors. This is 11% above median its historical median of 35.27. Over the past decade, Mayville Engineering Co's Days Payable has ranged from 25.54 to 39.62. According to the industry distribution chart, Mayville Engineering Co ranks #2407 out of 2997 companies in the Industrial Products industry, placing it in the top 80.3%.
Is Mayville Engineering Co's Days Payable too high?
Mayville Engineering Co's current Days Payable of 39.05 is 11% above median its 10-year median of 35.27. Over the past 10 years, this metric has ranged from a low of 25.54 to a high of 39.62. The Industrial Products industry median Days Payable is 77.54. Mayville Engineering Co's value of 39.05 is 49.6% below this industry median. Based on the distribution chart, Mayville Engineering Co ranks #2407 out of 2997 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Mayville Engineering Co has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Mayville Engineering Co's Days Payable compare to IIIN and TG?
According to the Industrial Products industry distribution chart, Mayville Engineering Co ranks #2407 out of 2997 companies for Days Payable. This places Mayville Engineering Co in the lower half of its industry. The industry median Days Payable is 77.54. Mayville Engineering Co's value of 39.05 is 49.6% below this benchmark. Historically, Mayville Engineering Co's own Days Payable has ranged from 25.54 to 39.62 over the past decade. While the company's 10-year median is 35.27 vs. the industry median of 77.54, Mayville Engineering Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.54, based on 2,997 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mayville Engineering Co's current Days Payable of 39.05 is 49.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Mayville Engineering Co and its competitors. For the Industrial Products industry, the median Days Payable is 77.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mayville Engineering Co's current Days Payable is 39.05, which is 11% above median its own 10-year median of 35.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mayville Engineering Co stock overvalued right now?
Mayville Engineering Co (FRA:2YN) has a current Days Payable of 39.05. The stock's GF Value™ is €12.69, compared to a current price of €30.40 — trading 139.6% above its estimated fair value. The current Days Payable is 39.05, which is 11% above median its 10-year median of 35.27 and 49.6% below the Industrial Products industry median of 77.54. Mayville Engineering Co's overall GF Score™ is 67/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Mayville Engineering Co (FRA:2YN), the current Days Payable is 39.05 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mayville Engineering Co (FRA:2YN) Overvalued in 2026?

Based on GuruFocus' analysis, Mayville Engineering Co stock appears to be overvalued. The current stock price of €30.40 is trading 139.6% above its estimated GF Value™ of €12.69.

Key valuation signals for FRA:2YN:

  • Days Payable: 39.05 (11% above median its 10-year median of 35.27)
  • GF Value™: €12.69 vs. price of €30.40 (139.6% above fair value)
  • GF Score™: 67/100 with 7 warning signs
  • Industry Position: 49.6% below the Industrial Products median (#2407 of 2997)

No single metric tells the full story. See the FRA:2YN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mayville Engineering Co Business Description

Other Exchanges MEC:USA
Address 135 South 84th Street, Suite 300, Milwaukee, WI, USA, 53214
Mayville Engineering Co Inc is involved in a manufacturing partner providing a full suite of manufacturing solutions from concept to production, including design, prototyping and tooling, fabrication, aluminum extrusion, coating, assembly, and aftermarket components. Its customers operate in diverse end markets, including heavy- and medium-duty commercial vehicles, construction, powersports, agriculture, military, and other end markets. Its services comprise stamping, shearing, fiber laser cutting, forming, drilling, tapping, grinding, tube bending, machining, welding, assembly, and logistic services.
67GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€30.40
Price
€12.69
GF Value